Account Updater Service Clause Samples

Account Updater Service. If you are offered and choose to use the Account Updater Service, the terms in Schedule 4 below will apply to your use of that functionality.
Account Updater Service. Visa requires the Credit Union to participate in an Account Updater Service in which your Visa card will be automatically enrolled. When your debit card expires or is lost/stolen and a new card is issued, the Service makes the new card data (card number and expiration dates) available to merchants with whom you have preauthorized (recurring) payments, such as subscription services or utility companies. With the updated card information the merchant may continue to process your recurring payments without requiring a new authorization. You may choose not to have your updated card information available to merchants. If you do not want VISA to update your card information automatically when it changes you must contact the Credit Union to opt-out of the service.
Account Updater Service. The following terms and conditions govern the Account Updater Service provided by IMS to Merchant. The following terms and conditions will apply when a Merchant who applies to receive Account Updater Services is accepted by IMS and the account updater service provider for such service.
Account Updater Service. 10.1 This Clause 10 shall apply where the Merchant receives the Account Updater Service. 10.2 The Account Updater Service enables merchants who process recurring Transactions using Visa and MasterCard Cards in accordance with the Recurring Transaction Service to ask Paysafe to check on their behalf the validity of debit and credit Card numbers against a central database set up by Visa ("VAU") and MasterCard ("ABU") and updated by acquiring banks. 10.3 To use the Account Updater Service, the Merchant must also use the Recurring Transaction Service. 10.4 The Merchant acknowledges and agrees that the VAU and ABU databases are set up, operated, contributed to and maintained by third parties and, as such, Paysafe is not responsible or liable for the accuracy of any information in the VAU or ABU database nor for the participation or non-participation of any third party acquiring banks in the updater database programme. The Merchant also acknowledges and agrees that not every type of Card or Card Issuer participates in the updater database programme. 10.5 Merchants who process under the following MCCs cannot use the Account Updater Service: 5962, 5966, 5967, 7995. 10.6 There are three models that the Merchant can choose from (or use consecutively) under the Account Updater Service, including: (a) Request file with a clear-text card number and expiry date; (b) Request file with a transaction token (i.e. confirmation number or [NetbanxRefId]); and/or (c) Profile payment methods and ▇▇▇▇▇▇▇▇. 10.7 In order for Paysafe to be able to provide the Account Updater Service: (a) the Merchant must provide Paysafe with active recurring billing schedules; (b) depending on the model(s) the Merchant chooses, the Merchant must upload and send updater files to Paysafe setting out the Cards in respect of which it requires updates, and the Merchant acknowledges and agrees that Paysafe cannot provide the Account Updater Service if it does not fulfil the obligations at (a) and (b) above. 10.8 The Merchant acknowledges and agrees that: (a) the provision of the Account Updater Service by Paysafe is subject to Paysafe's receipt of data and information from the Visa and MasterCard Card Schemes and participating Card Issuers in a timely manner and, due to this, Paysafe shall not be responsible or liable to the Merchant or any third party for any failure to provide the whole or any part of the Account Updater Service to the extent that it has been unable to obtain data or information from ...
Account Updater Service. A functionality as further defined in Schedule 4.
Account Updater Service 

Related to Account Updater Service

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • CUSTOMER SERVICE ACCESS The Competitive Supplier agrees to provide, or cause to be provided, certain customer services to Participating Consumers. Such services shall be reasonably accessible to all Participating Consumers, shall be available during normal working hours, shall allow Participating Consumers to transact business they may have with the Competitive Supplier, and shall serve as a communications liaison among the Competitive Supplier, the Town, and the Local Distributor. A toll-free telephone number will be established by Competitive Supplier and be available for Participating Consumers to contact Competitive Supplier during normal business hours (9:00 A.M. - 5:00 P.M. Eastern Standard Time, Monday through Friday) to resolve concerns, answer questions and transact business with respect to the service received from Competitive Supplier. The Town will post program-related information on the Town’s website which will be available to Participating Consumers for general information, product and service information, and other purposes.

  • Customer Service A. PRIMARY ACCOUNT REPRESENTATIVE. Supplier will assign an Account Representative to Sourcewell for this Contract and must provide prompt notice to Sourcewell if that person is changed. The Account Representative will be responsible for: • Maintenance and management of this Contract; • Timely response to all Sourcewell and Participating Entity inquiries; and • Business reviews to Sourcewell and Participating Entities, if applicable.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • CONTRACTOR CUSTOMER SERVICE REPRESENTATIVE Contractor shall designate a customer service representative (and inform Enterprise Services of the same) who shall be responsible for addressing Purchaser issues pertaining to this Contract.